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Rigetti Computing’s Stock Climbs Amid New Quantum Computer Order

Jack KelloggAvatar
Written by Jack Kellogg Reviewed by Tim Sykes Fact-checked by Ellis Hobbs
Updated 2/7/2026, 8:12 am ET 2/7/2026, 8:12 am ET | 5 min 5 min read
Rigetti Computing’s Stock Climbs Amid New Quantum Computer Order Thumbnail

Rigetti Computing Inc. stocks have been trading up by 19.2% following news-driven investor optimism in quantum computing advancements.

Technology industry expert:

Analyst sentiment – positive

  1. Market Position & Fundamentals: Rigetti Computing’s current market position is characterized by financial metrics that highlight significant challenges. The company’s profitability ratios, such as EBIT margin (-4677.3%) and EBITDA margin (-4576.6%), depict substantial operational losses. Despite a gross margin of 32.2%, Rigetti’s net income from continuing operations shows a staggering loss of $200.968 million as of Q3 2025. The revenue figures, although improving slightly, amount to only $10.79 million. With a price-to-sales ratio of 1118.58 and a negative cash flow per share (-$0.16), the valuation raises concerns about sustainability. However, a strong current ratio of 39.2 and minimal debt-to-equity ratio reflect capital management’s strength, but operational scaling remains critical.

  2. Technical Analysis & Trading Strategy: The weekly price data indicates a range-bound market with mixed sentiments. Initial high volatility is noticeable; from a high of $18.09 to a recent close at $17.85. The dominant trend suggests short-term consolidation, having bounced from $14.32 to current levels, indicating potential support here. Volume patterns play a key role, where declining recent volumes suggest indecision. A break below $14.19 could indicate further downside, while resistance is faced at $18.22, recent highs. A trading strategy focusing on a breakout above $18.22 could aim for gradual long-term exposure, exploiting potential momentum.

  3. Catalysts & Outlook: Recent news portrays Rigetti Computing in a favorable light with an $8.4 million quantum computer order signaling genuine demand for its innovative technology. Sector shifts toward quantum computing with military implications and anticipated market growth to $2 billion by 2026 enhance its long-term narrative. Analyst upgrades with targets between $35 and $40 validate optimism. Despite delays in the 108-qubit Cepheus-1 system, strong interim technical achievements counterbalance setbacks. Compared to industry benchmarks, Rigetti’s development trajectory could surpass other firms if execution follows through. Resistance at $18.22 and support at $14.32 define the immediate horizon, with the outlook promising if milestones are met.

Candlestick Chart

Weekly Update Feb 02 – Feb 06, 2026: On Saturday, February 07, 2026 Rigetti Computing Inc. stock [NASDAQ: RGTI] is trending up by 19.2%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

In the latest market session, Rigetti Computing has shown commendable resilience, closing at $17.85 after touching lows and highs. The stock has seen moderate fluctuations throughout recent trading days, with prices bouncing between $16.88 and $18.22. This upward momentum reflects investor confidence, likely driven by strategic upgrades and significant orders.

More Breaking News

Financially, Rigetti’s metrics appear mixed. Gross margins remain at a solid 32.2%, yet profitability challenges persist, evidenced by negative margins across the board. Despite a less favorable EBIT margin of -4677.3%, the firm’s current ratio is robust at 39.2, underscoring its ability to cover short-term liabilities comfortably. The enterprise value is pegged at a staggering $5.4B, hinting at investor expectations for future growth amidst overall negative returns on equity. Rigetti’s recent earnings report emphasized ongoing investments in quantum tech despite financial hurdles, signaling long-term commitment over immediate profit.

Conclusion

To conclude, Rigetti Computing is on a promising uptrend, buoyed by strategic orders, policy tailwinds, and analyst confidence. The company’s stock has recently shown resilience, benefiting from market dynamics and key external endorsements. Although financial indicators depict ongoing challenges, the strategic positioning and sectorial breakthroughs signal a promising path ahead for Rigetti. Traders appear to be rallying behind its quantum ambitions, despite current financial constraints, laying groundwork for potential future growth in an expanding high-tech market. As millionaire penny stock trader and teacher Tim Sykes says, “It’s better to go home at zero than to go home in the red.” This mindset highlights the cautious optimism among traders, ensuring they remain aware of the risks involved while supporting Rigetti’s potential.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Jack Kellogg

He teaches webinars on Tim Sykes’ Trading Challenge He became Tim’s youngest millionaire student in 2020. Now he’s second on the Trading Challenge leaderboard with $12.9 million in career earnings. He’s a master of the 7-Step Pennystocking Framework. Jack is one of a rare breed of traders to profitably trade the entire penny stock framework.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

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Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”